Exelon Corporation $EXC Shares Acquired by Candriam S.C.A.

Candriam S.C.A. boosted its holdings in Exelon Corporation (NASDAQ:EXC) by 66.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,001,357 shares of the company’s stock after purchasing an additional 798,748 shares during the period. Candriam S.C.A.’s holdings in Exelon were worth $98,107,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Caxton Associates LLP purchased a new stake in Exelon during the 1st quarter worth approximately $286,000. Woodline Partners LP increased its stake in shares of Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Exelon in the second quarter worth $2,448,000. Gamco Investors INC. ET AL acquired a new stake in Exelon in the second quarter valued at $645,000. Finally, Treasurer of the State of North Carolina boosted its stake in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after acquiring an additional 14,240 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ EXC opened at $46.80 on Friday. The stock has a market cap of $47.89 billion, a P/E ratio of 17.14, a P/E/G ratio of 2.69 and a beta of 0.31. The firm’s 50-day simple moving average is $45.77 and its 200 day simple moving average is $46.27. Exelon Corporation has a fifty-two week low of $42.47 and a fifty-two week high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. Exelon’s revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Thursday, June 4th. Exelon’s dividend payout ratio is 61.54%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Mizuho set a $48.00 target price on shares of Exelon and gave the company a “neutral” rating in a research note on Friday, April 17th. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Morgan Stanley decreased their price objective on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Finally, Citigroup began coverage on shares of Exelon in a report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $50.27.

Exelon Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.